1116 1580, Salem, UT 84653
4BD/—BA Residential in Salem, UT 84653. 2,025 sqft. Built 2025. Listed at $436,990. MLS #2150623.
4BD/—BA Residential in Salem, UT 84653. 2,025 sqft. Built 2025. Listed at $436,990. MLS #2150623.
***Contract on this home today and qualify for one of the 2 special financing options: Option 1: As low as 3.75% on an FHA 5/1 ARM, 3.99 % Conventional 7/6 ARM OR Option 2: As low as 4.5% on a 30-year fixed FHA, 4.875% 30 year fixed Conventional, Restrictions apply: Contact us for more information. Welcome to the Kensington plan in the sought-after Harmony Place community in Salem, where modern design meets everyday comfort. The kitchen is beautifully appointed with premium stainless steel gas appliances, and 42" upper cabinets, offering both function and sophistication. The primary suite is a true retreat with dual sinks and a shower featuring a cultured marble surround. Two additional baths provide convenience and style, each with undermount sinks and quartz countertops. Additional highlights include 9-foot ceilings on the main floor, elegant double doors at the den, upgraded railing on both levels, and an 8-foot garage door. With its thoughtful design, upscale finishes, and inviting spaces, the Kensington plan at Harmony Place is the perfect place to call home.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
3
Subdivision
HARMONY PLACE
County
Utah
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
2,025 sq ft
Condition
Blt./Standing
MLS #
2150623
Property Type
Residential
Property Style
Townhouse
Architectural Style
Stories: 2
Stories
3
Subdivision
HARMONY PLACE
County
Utah
Construction
Asphalt,Stucco,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
2,025 sq ft
Condition
Blt./Standing
MLS #
2150623
List Price
$436,990
Original Price
$434,990
HOA Fees
$98 / Monthly
Annual Taxes
$1
Home Warranty
Yes
List Price
$436,990
Original Price
$434,990
HOA Fees
$98 / Monthly
Annual Taxes
$1
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stucco,Cement Siding
Appliances
Microwave
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stucco,Cement Siding
Appliances
Microwave
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
72/100
vs Similar Homes
9% above
vs Market Median
11% below
Area Growth (YoY)
2.7%
Deal Score Breakdown
72/100 · 1 qualifying signal
Priced 11% below the per-subtype city median
LT net cashflow -$187/mo (-6.5% return on ownership cost) · STR net cashflow -$1,132/mo (-39.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
2.7% year-over-year ZHVI growth in this area
Priced 9% above the median of similar listings
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$3,077/mo
Range: $1,685 – $4,470
Net Monthly Cash Flow
−$187 /mo (−$2,244/yr)
Monthly rental income
Monthly ownership cost
Coverage
106%
Net /mo
−$187
DSCR
1.22
Est. Annual Revenue
$30,225/yr
$283/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,131 /mo (−$13,575/yr)
Monthly STR income
Monthly ownership cost
Coverage
87%
Net /mo
−$1,132
DSCR
0.80
School District
Nebo
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$555,000
-21% vs median
86 days
167
$305,000 – $2,595,000
$1
$98/monthly
Very Safe
2.9
per 1,000
7.6
per 1,000
4.7
per 1,000
15.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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